The round of funding was led by T. Rowe Price Associates, the company said. Amazon and BlackRock, both of which have previously invested in Rivian, participated in this round of investments, along with several new investors. Soros Fund Management and Baron Capital Group were among those also involved.Amazon led an earlier investment round of $700 million in Rivian in 2019, and also placed an order for 100,000 electric delivery vans with the electric vehicle maker.
As part of that investment, Rivian had agreed that it would work on an electric SUV for Ford's luxury Lincoln brand. However, that plan was scrapped a few months ago.The electric pickup wars are about to beginCox Automotive, an auto retailing and technology company, also previously invested $350 million in Rivian. Cox was not named as a participant in this new round of investments.
Just wait till the electricity is shut down -abandoned rusted pickups and SUV's along the road while an old guy in a 1948 Ford Truck rides by and smiles---- yeah that's me
CityRatUG follow me and I follow back immediately let's do it CityRatUG
Good luck with that junk....
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